Al Salam Bank - Bahrain launches Shari’ah-compliant Asian REIT fund

Al Salam Bank – Bahrain (ASBB) has launched Al Salam Asia REIT Fund, the world’s first Asian REIT fund that invests along Shari’ah principles. ASBB, an Islamic bank in the Kingdom of Bahrain, will be the sponsor and seed investor for the fund. The Shari’ah-compliant fund will be managed by B&I Capital AG, a pioneer in Asian REIT investments.